photo of eric walters

Dr. Eric Walters

PC Kruase and Associates
BSEE 1994, MSEE 1995, PhD 1999

“The education foundation that I received at Purdue prepared me for success, while the collaboration with leading researchers at Purdue has accelerated and continues to foster the ability to contribute to the advancement of integrated power and thermal systems. As an owner of a research and development company, I see the increasing need for engineers with a strong analytical and practical education, to address the growing complexities associated with high-performance integrated systems.”

Dr. Eric Walters joined PC Krause and Associates, Inc. (PCKA), a Purdue Research Park company, in 1994 and was hired as their first full-time employee in 1999. He was promoted to Manager of Engineering Services in 2002, Vice President and Chief Operating Officer in 2005, and President in 2012.

Under Dr. Walters’ leadership, PCKA’s revenues have steadily increased from an average of $500,000/year from 1983-1998, to over $9.7M in 2015. During this time, PCKA’s employment has increased to 28 full-time employees including 21 PhDs. He has served as principal investigator for several Air Force and Navy contracts totaling over $50M involving advanced modeling, simulation, analysis, health management, and hardware developments in the areas of electrical power and thermal management. He has effectively collaborated with Purdue University in these efforts leading to over $4.3M in funded research at Purdue and the hiring of ten Purdue graduates and several interns. Furthermore, technologies developed under these contracts have successfully transitioned to government, industry, and academic research programs. Furthermore, this collaborative research has resulted in the qualification, production, and deployment of a prognostics and health management system across the U.S. Navy and NATO with a second system scheduled for deployment in 2017.

Under Dr. Walters’ leadership, PCKA has been recognized with the Boeing Silver Performance Excellence Award in 2012, the Purdue Innovators Hall of Fame for Advancing Transportation Technologies in 2013, and outstanding achievement as part of the 2008 Indiana Accelerate Your Business initiative. Dr. Walters is a co-inventor on Distributed Heterogeneous Simulation (US7490029, CA2412816), Electrical Accumulator Unit (US8513829), and Aircraft Thermal Capacity Prediction (US8972083) patents, has authored or co-authored 16 journal and 71 conference publications, has contributed to an IEEE Standard (IEEE Std. 896.4a-1995) and a pending SAE Aerospace Standard (Dynamic Modeling), and serves as an officer for the SAE AE-7M Aerospace Systems Model-Based Engineering Committee.

Dr. Walters received bachelor’s, master’s, and doctorate degrees from Purdue University in 1994, 1995, and 1999, respectively.